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About the Listing PI210000 - pi00962926
Investor Opportunity – Probate Sale with Significant Upside This probate sale is a compelling value add play on California’s Central Coast. Priced at $459,900, the property includes a three bedroom, one and a half bath home on a 7,840 sq ft lot with alley access—a key feature that expands development potential. The existing structure needs repairs, but that’s exactly where the upside begins. With alley access, the lot is well-positioned for one or two ADUs, creating multiple income streams, supporting multigenerational families living together, or setting up a strong resale exit. Investors should verify all ADU options with the city’s building department. The sale is subject to Court confirmation and offered strictly as is, making it ideal for buyers comfortable with renovation, construction, or value-added rental strategy. All showings require a licensed realtor to accompany prospective buyers. Located minutes from the Guadalupe-Nipomo Dunes, the property sits in a high-demand rental region with limited supply and strong long-term appreciation fundamentals
Listing Highlights
Status
Active With Contingency
Days on Site
31
Property Type
Residential
MLS ®
PI26083416
Year Built
1961
Total Square Footage
1,140
Lot/Acreage
0.18
County
Santa Barbara
Neighborhood
Guadalupe/Casmalia(850)
Area
GUAD - Guadalupe
School District
Santa Maria-Bonita
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: All Bedrooms Down,Bedroom on Main Level,Main Level Primary
- Water: Public
Exterior Details
- Lot Description: Level,Yard,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 1
- Roof:
- Others: Fixer,Stucco
- Sewer: Private Sewer
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 115192005
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
227 Campodonico Guadalupe, CA 93434
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